Colorado Springs, CO Local Data & Statistics

State: CO

Total population: 487,887 Household income: $84,818 Rent: $1,648

Overview

Total population

487,887

Rent

$1,648

Year built

1986

Household income

$84,818

Per capita income

$46,513

Poverty rate

Unemployment rate

4.4%

Household size

2.4 persons

Rent over 30% of income

52.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Data are sourced from the American Community Survey (ACS) 5-Year Estimates, 2024 release — the latest dataset currently available, with the exception of the unemployment rate, which is sourced from the Bureau of Labor Statistics (BLS). ACS 5-year estimates are published annually, about 6–12 months after the end of each reference year.

Demographics

State

Colorado

Total population

487,887

Adults over 25

334,113

Total households

202,515

Household size

2.4 persons

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Income & Poverty

Household income

$84,818

Per capita income

$46,513

Poverty rate

Unemployment rate

4.4%

Rent over 30% of income

52.8%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Housing

Rent

$1,648

Year built

1986

Households that rent

39.1%

Households that own

60.9%

Rooms per home (all homes)

5.9

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Race

White

69.6%

Black

5.7%

Asian

Two or more races

14.9%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Ethnicity

Hispanic or Latino

19.3%

Not Hispanic or Latino

80.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Commute

Commute rate

82.4%

Commute time to work

23 mins

Work from home

17.6%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Education

Less than high school

26.8%

High school graduate or GED

19.3%

Some college or associate degree

11.2%

Bachelor’s degree or higher

42.7%

Note: Rent, income, and year built are shown as median values, while household size is shown as an average (see explanations below).

Comparison of Colorado Springs, CO with: Colorado United States

Colorado Springs, CO

Total population487,887

Rent$1,648

Year built1986

Household income$84,818

Per capita income$46,513

Poverty rate9%

Unemployment rate4.4%

Colorado State

Total population5,862,189

Rent$1,761

Year built1988

Household income$95,470

Per capita income$52,636

Poverty rate9.4%

Unemployment rate4.3%

United States

Total population334,922,499

Rent$1,413

Year built1980

Household income$80,734

Per capita income$44,673

Poverty rate12.5%

Unemployment rate4%

Metric	CityColorado Springs, CO	StateColorado	CountryUnited States
Total population	487,887	5,862,189	334,922,499
Rent	$1,648	$1,761	$1,413
Year built	1986	1988	1980
Household income	$84,818	$95,470	$80,734
Per capita income	$46,513	$52,636	$44,673
Poverty rate	9%	9.4%	12.5%
Unemployment rate	4.4%	4.3%	4%

View the complete comparison of Colorado Springs, CO, Colorado and United States →

Summary for Colorado Springs, CO

Colorado Springs is located in Colorado.

Rent & Income

In Colorado Springs, the typical monthly rent is $1,648 and the typical household income is $84,818. Rent here is lower than Colorado and higher than the U.S., and household income is lower than Colorado and higher than the U.S. The estimated poverty rate is 9%, which is similar to the Colorado rate and lower than the national rate.

Housing & Affordability

This area is primarily owner-occupied, with renters accounting for about 39.1% of households. About 52.8% of renters spend more than 30% of their income on housing, indicating high cost burden.

Education & Employment

Educational attainment is high, with about 42.7% of adults holding a bachelor’s degree or higher. The local unemployment rate is 4.4%, which is similar to Colorado and higher than the national rate.

Colorado Springs, CO — Rent vs Household Income

Colorado Springs, CO — Poverty vs Unemployment

How Colorado Springs, CO compares in Colorado (19 places)

Metric	This place	Rank	Starts from	Statewide range
Rent	$1,648	4 / 19	from lower rent	$1,082 – $2,148
Household income	$84,818	15 / 19	from higher income	$56,664 – $145,197
Poverty rate	9%	11 / 19	from lower poverty	3.3% – 21.5%
Unemployment rate	4.4%	7 / 19	from lower unemployment	3.9% – 6.6%

Rankings are calculated among cities and communities in Colorado with total population > 50,000 (year 2024).

Detailed Ranking Explanation for Colorado Springs, CO

Rent

For typical rent levels, Colorado Springs is ranked 4th out of 19 major areas in Colorado. Statewide values span from $1,082 in Pueblo, CO to $2,148 in Centennial, CO.

Household income

For household income, Colorado Springs ranks 15th out of 19 large places. Across Colorado, incomes range from $56,664 in Pueblo, CO to $145,197 in Castle Rock, CO.

Poverty rate

In poverty comparisons, Colorado Springs ranks 11th out of 19 large places. Statewide rates vary from 3.3% in Centennial, CO to 21.5% in Boulder, CO.

Unemployment rate

In terms of unemployment, Colorado Springs is ranked 7th out of 19 major areas. Across Colorado, rates go from 3.9% in Fort Collins, CO up to 6.6% in Pueblo, CO.

💰 Rent in Colorado Springs, CO (with Utilities)

Estimated Monthly Rent: $1,648 ℹ️ What’s Included:
✅ Base rent, electricity, gas, water/sewer, and heating fuels
❌ Not included: internet, cable TV, renter's insurance, parking

💡 What does this rent estimate mean?

Explanation: This estimate shows what renters typically pay each month for housing, including the apartment or home and essential utilities such as heat, water, and electricity. Even when utilities are billed separately, an estimated average cost for utilities is included, in line with the U.S. Census Bureau’s (ACS) definition of gross rent.

Included in this number: Rent plus electricity, gas, water/sewer, and heating fuel.

Not included: Internet, cable, parking, renter’s insurance, or furniture rental.

Note: This cost does not depend on the number of people living in the home.

👨‍👧‍👦 Household Income in Colorado Springs, CO

Annual Household Income: $84,818

💡 What does Household Income mean?

Definition: This represents the middle value of all household incomes in this area — half of households earn less, and half earn more.

Includes: wages, salaries, self-employment income, Social Security, pensions, investments, unemployment, public assistance, and rental income.

Does NOT include: capital gains, non-cash benefits (like food stamps), or tax refunds.

Household = any group of people (or a single person) living in the same housing unit.

Example: A couple earning $40,000 and $30,000 together have a household income of $70,000. If that's in the middle of all local incomes, it's the value shown here.

📉 Poverty Rate in Colorado Springs, CO

Estimated Rate: 9%

💡 What does the Poverty Rate represent?

Definition: The percentage of people in this area living below the federal poverty threshold.

How it works: The threshold is a dollar amount set by the U.S. Census Bureau that varies by family size and age. If a household's income is below that level, everyone in it is included in this rate.

Example: In a town of 10,000 people, if 1,500 have incomes below the poverty line, the poverty rate is 15%.

Note: This statistic only includes people living in households; it does not count those in student housing, military barracks, or nursing homes.

🏘️ Renter vs. Owner Households in Colorado Springs, CO

In Colorado Springs, CO, households that rent: 79,251 (39.1%)

📊 What does the renter household percentage reveal about this area?

Household Type	Count	Share
Renter-Occupied	79,251	39.1%
Owner-Occupied	123,264	60.9%

Definition: This is the percentage of households that rent their home rather than own it. It includes only occupied housing units.

Why it matters: Areas with a high share of renter households often have younger populations, higher mobility, and different housing needs compared to mostly owner-occupied areas.

Example: If 65% of homes in an area are renter-occupied, it means 65 out of every 100 households rent their home.

📉 Renters Spending Over 30% of Income on Rent in Colorado Springs, CO

In Colorado Springs, CO, cost-burdened renters (households spending over 30% of income on housing): 41,807 (52.8%)

🏚️ What Does It Mean When Renters Spend Over 30% of Their Income on Housing?

Household Group	Households	Share
Cost-burdened renters (over 30%)	41,807	52.8%
Other renter households	37,444	47.2%
Total renter households	79,251	100%

Shares are calculated as a percentage of renter households.

This shows how many renters in this area are considered cost-burdened — meaning they spend more than 30% of their income on housing (rent and basic utilities).

It’s a sign that housing might be unaffordable in the area or that lower-income residents may be struggling with rent.

Data comes from the U.S. Census Bureau’s American Community Survey.

📊 Education Levels in Colorado Springs, CO

Less than High School: 89,512 people (26.8%)

Includes adults who did not complete high school.

High School Graduate or GED: 64,322 people (19.3%)

Includes adults whose highest education is a high school diploma or GED.

Some College or Associate Degree: 37,477 people (11.2%)

Includes adults who attended college without completing a bachelor’s degree (some college or associate degree).

Bachelor’s Degree or Higher: 142,802 people (42.7%)

Includes adults with a bachelor’s degree or higher (bachelor’s, master’s, professional, or doctoral degree).

👥 Total Adults (25+): 334,113

📊 Unemployment Rate in Colorado Springs, CO

Estimated Rate: 4.4%

💡 What does Unemployment Rate mean?

Definition: The unemployment rate is the percentage of people in the labor force who do not have a job but are actively looking for one.

Labor Force = Employed + Unemployed (aged 16+ and actively participating in the workforce).

Formula: (Unemployed ÷ Labor Force) × 100

Does NOT include: People who are retired, students not looking for work, homemakers, or otherwise not seeking employment.

Example: If there are 1000 people in the labor force and 80 are unemployed, then the unemployment rate is 8%.

Similar Population

Omaha, NE488,197 Atlanta, GA499,287 Raleigh, NC470,763 Mesa, AZ507,478 Kansas City, MO508,233 Long Beach, CA458,491 Virginia Beach, VA457,066 Sacramento, CA524,802 Miami, FL446,663 Oakland, CA438,072

ℹ️ Have questions about how these statistics are calculated? See our data methodology & FAQs

Source: ACS 5-Year Estimates (U.S. Census Bureau) — unemployment rate from BLS. Some values are derived metrics.